Oklahoma License Law
Under Oklahoma law, a broker who manages their own properties is:
AExempt from all OREC rules when managing their own properties
BStill subject to OREC rules and may need a separate property management trust account✓ Correct
CAutomatically issued a property management endorsement
DRequired to hire a separate licensed property manager
Explanation
Even when a broker manages their own investment properties, they remain subject to OREC rules regarding trust accounts and record-keeping to the extent applicable to their licensed activities.
Related Oklahoma Oklahoma License Law Questions
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